Trump's social media company can go public following merger

Trump's social media company can go public following merger

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Social Studies

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Donald Trump faces a Monday deadline to post a $454 million bond in a civil fraud case in New York. The case involves allegations of fraudulently inflating his net worth. Despite claiming to have the cash, Trump intends to use it for his presidential campaign, conflicting with his attorneys' request for a delay. The New York Attorney General's Office is prepared to seize Trump's assets, including his golf course and estate. A potential funding source could be the merger of Trump's social media company with Digital World, which could make his shares worth over $3 billion. However, Trump is barred from selling these shares for six months. Creative fundraising strategies may help Trump secure the bond.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount Trump needs to post as a bond in his civil fraud case?

$350 million

$454 million

$500 million

$400 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action has the New York Attorney General's Office taken against Trump?

Filed judgments to seize properties

Issued a travel ban

Frozen his bank accounts

Revoked his business licenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which properties are mentioned as being at risk of seizure?

Trump Tower and Mar-a-Lago

Seven Springs estate and Mar-a-Lago

Mar-a-Lago and Trump Tower

Trump Tower and Seven Springs estate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential value of Trump's shares after the merger with Digital World?

More than $5 billion

More than $3 billion

More than $2 billion

More than $4 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What restriction is placed on Trump regarding his shares in the merger agreement?

He can sell them after one year

He can only sell half of them

He must sell them immediately

He cannot sell them for six months